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GoldMoney introduces gold and silver storage in Singapore

Following the release of a new storage location in Toronto, Canada earlier this year, GoldMoney – the leading online provider of physical bullion – is further expanding its precious metal storage options: customers can now store their gold and silver at a high-security vault in Singapore, operated by Brink’s Singapore Pte Limited.

To celebrate the Singapore expansion, GoldMoney is offering discounted fees on buy orders at or over US$10,000 (or equivalent in other currencies) at the new vault until 11 January 2013. The fee for gold is 0.98%, and 1.99% for silver. Customers wishing to exchange metal from one or more of GoldMoney’s other vaults to the Singapore facility will also benefit from discounted rates during this period.

Commenting on the new vault, CEO Geoff Turk said: “A customer survey we ran earlier this year cited Singapore as a very desirable storage location, on account of its common law traditions, respect for property rights, and proximity to key Asian markets. We are very pleased to be offering gold and silver storage there, courtesy of our arrangement with Brink’s Singapore.”

The new partnership reflects GoldMoney’s ambition to diversify and expand its customers’ vault options. The company is setting industry standards, and now offers storage in Canada, Hong Kong, Singapore, Switzerland and the UK through partnerships with VIA MAT, Brink's, Rhenus and G4S – serving over 22,000 customers worldwide.

ENDS

About GoldMoney

GoldMoney is the world’s leading provider of gold, silver, platinum and palladium for retail and corporate investors. Via the company’s online platform, customers can buy, store and sell precious metals easily and securely, 24 hours a day. Visit www.goldmoney.com.

About Brink’s Singapore Pte Ltd

Brink’s Singapore Pte Ltd is a subsidiary of Brink’s, Incorporated – a global leader in security services for a wide variety of commercial and governmental customers. Brink’s Singapore, established in 1989, operates in the Republic of Singapore, the Federation of Malaysia, Negara Brunei Darussalam, and the Republic of Indonesia. Its services include armoured car transportation, money processing, long-distance transport of valuables, secure storage and other value-added solutions. Brink’s, Incorporated serves customers in over 100 countries.